[sunilrohira]

Does anyone have a good ADX indicator for trend direction on tradestation that is leading rather than lagging?

Thanks

[Tams]

Originally Posted by sunilrohira »

Does anyone have a good ADX indicator for trend direction on tradestation that is leading rather than lagging?

Thanks

all indicators lag.

it is the reader who can make it "lead".

for example,

when you are driving a car,
looking at the speedometer, it is giving you the history of your speed.
ie. a lagging indicator.

if the car is driving towards a cliff,
and speedometer is pointing at 100 mph and increasing,

you can "predict" what will happen in the next few seconds.
ie. you can introduce a second degree analysis
eg. if the car continues to go straight... or, if the steering is turned, or if the brake is applied...


same goes for trading indicators.